The global market for Microbolometers was valued at US$1.1 Billion in 2024 and is projected to reach US$1.7 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Microbolometers Market - Key Trends & Drivers Summarized
Why Are Microbolometers Key in Thermal Imaging Applications?
Microbolometers are critical components in thermal imaging devices, allowing for accurate detection of infrared radiation and enabling clear imaging in low-light or dark conditions. Widely used in defense, surveillance, firefighting, and industrial inspection, microbolometers are highly valued for their sensitivity to temperature changes and ability to produce high-resolution thermal images. Unlike other infrared detectors, microbolometers operate without cryogenic cooling, making them compact, affordable, and ideal for portable devices. The demand for reliable thermal imaging technology across various industries has made microbolometers indispensable in applications where visibility and temperature monitoring are crucial.What Technological Advances Are Improving Microbolometer Performance?
Technological advancements are enhancing microbolometer sensitivity, resolution, and cost-effectiveness, broadening their application scope. Innovations in pixel design, such as reducing pixel pitch to 12 microns or smaller, allow for higher resolution in smaller devices, meeting the demand for compact thermal imaging solutions. Advances in uncooled thermal imaging technology also enable microbolometers to deliver sharper images without the need for expensive cooling systems. Additionally, the integration of AI and machine learning is improving data analysis from thermal images, supporting applications in areas like predictive maintenance, medical diagnostics, and surveillance.Why Are Cost and Versatility Important in the Microbolometer Market?
The cost and versatility of microbolometers are important because they allow for widespread use across diverse industries. Uncooled microbolometers are more affordable than cooled detectors, enabling their integration into consumer products, such as automotive night vision systems and smart home security devices. Their versatility in detecting minute temperature variations makes them suitable for a wide range of applications, from monitoring electrical systems to detecting heat leaks in buildings. This cost-effectiveness, combined with robust functionality, makes microbolometers an appealing choice for both industrial and consumer applications.The Growth in the Microbolometer Market Is Driven by Several Factors
The microbolometer market is expanding due to advancements in uncooled infrared technology, growing demand for thermal imaging across industries, and the need for affordable high-resolution imaging solutions. Rising applications in defense, firefighting, and industrial inspection are fueling demand for reliable microbolometers. Technological progress, such as reduced pixel pitch, is enhancing device resolution, allowing for compact thermal imaging solutions. The affordability of uncooled microbolometers is expanding their application in consumer electronics and automotive industries, further driving growth in this market. These factors together underscore the market’s upward trajectory in the thermal imaging sector.Report Scope
The report analyzes the Microbolometers market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Type (Vanadium Oxide (VOx) Microbolometers, Amorphous Silicon (a-Si) Microbolometers, Other Types); Application (Military / Aerospace & Defense Application, Automotive Application, Medical Application, Other Applications).Geographic Regions/Countries
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Vanadium Oxide (VOx) Microbolometers segment, which is expected to reach US$763 Million by 2030 with a CAGR of a 8.6%. The Amorphous Silicon (a-Si) Microbolometers segment is also set to grow at 5.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $300.5 Million in 2024, and China, forecasted to grow at an impressive 6.3% CAGR to reach $262.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as BAE Systems Plc, BigTRI Bilisim A.S., Excelitas Technologies Corporation, Fraunhofer IMS, Global Sensor Technology(GSTiR) and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Microbolometers Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Microbolometers Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Microbolometers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 52 major companies featured in this Microbolometers market report include:
- BAE Systems Plc
- BigTRI Bilisim A.S.
- Excelitas Technologies Corporation
- Fraunhofer IMS
- Global Sensor Technology(GSTiR)
- Honeywell International, Inc.
- i3system
- Leonardo DRS
- Lynred
- Mikrosens Elektronik San. ve Tic. A.S.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems Plc
- BigTRI Bilisim A.S.
- Excelitas Technologies Corporation
- Fraunhofer IMS
- Global Sensor Technology(GSTiR)
- Honeywell International, Inc.
- i3system
- Leonardo DRS
- Lynred
- Mikrosens Elektronik San. ve Tic. A.S.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 190 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 1.1 Billion |
Forecasted Market Value ( USD | $ 1.7 Billion |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |